Company Growth (employees)
IPG Photonics was founded in 1990 and is headquartered in Oxford, US
IPG Photonics Office Locations
IPG Photonics has offices in Oxford, Moskva, Bristol, Burbach and in 16 other locations
Oxford, US (HQ)
50 Old Webster Rd
Cerro Maggiore, IT
21 Via Kennedy
Daejeon, KR
80 12
Gliwice, PL
74 Portowa
Prague, CZ
8 2062 Čs. Exilu
Novi, US
46695 Magellan Dr
IPG Photonics Data and Metrics
IPG Photonics Financial Metrics
IPG Photonics's revenue was reported to be $1 b in FY, 2016 which is a 12% increase from the previous period.
USD
Revenue (FY, 2016) | 1 b |
Revenue growth (FY, 2015 - FY, 2016), % | 12% |
Gross profit (FY, 2016) | 552.2 m |
Gross profit margin (FY, 2016), % | 55% |
Net income (FY, 2016) | 260.7 m |
EBIT (FY, 2016) | 364.3 m |
Market capitalization (19-Jul-2017) | 8.1 b |
Closing share price (19-Jul-2017) | 149.8 |
Cash (31-Dec-2016) | 623.9 m |
EV | 7.5 b |
IPG Photonics's current market capitalization is $8.1 b.
- Source: SEC Filings
| USD | FY, 2014 | FY, 2015 | FY, 2016 |
|---|---|---|---|
Revenue | 769.8 m | 901.3 m | 1 b |
Revenue growth, % | 19% | 17% | 12% |
Cost of goods sold | 409.4 m | 453.9 m | |
Gross profit | 491.9 m | 552.2 m | |
Gross profit Margin, % | 55% | 55% | |
Sales and marketing expense | 38.4 m | ||
R&D expense | 78.6 m | ||
General and administrative expense | 66.5 m | ||
Operating expense total | 132.8 m | 149.8 m | 187.9 m |
EBIT | 283.8 m | 342 m | 364.3 m |
EBIT margin, % | 37% | 38% | 36% |
Interest expense | 301 k | 1.3 m | |
Interest income | 1.3 m | ||
Pre tax profit | 341.6 m | 366.6 m | |
Income tax expense | (99.6 m) | (105.8 m) | |
Net Income | 200.4 m | 242 m | 260.7 m |
- Source: SEC Filings
| USD | FY, 2013 | FY, 2014 | FY, 2015 | FY, 2016 |
|---|---|---|---|---|
Cash | 448.8 m | 522.2 m | 582.5 m | 623.9 m |
Accounts Receivable | 103.8 m | 143.1 m | 150.5 m | 155.9 m |
Inventories | 172.7 m | 171 m | 203.7 m | 239 m |
Current Assets | 786.3 m | 893.8 m | 1.1 b | 1.3 b |
PP&E | 252.2 m | 275.1 m | 288.6 m | 379.4 m |
Goodwill | 455 k | 455 k | 505 k | 19.8 m |
Accounts Payable | 18.8 m | 17.1 m | 26.3 m | 28 m |
Total Debt | 12.7 m | 33 m | 19.7 m | 40.8 m |
Current Liabilities | 100.1 m | 122.1 m | 145 m | 158.3 m |
Total Liabilities | 232.3 m | |||
Additional Paid-in Capital | 538.9 m | 567.6 m | 607.6 m | 651 m |
Retained Earnings | 390.8 m | 591.2 m | 833.4 m | 1.1 b |
Total Equity | 1.3 b | 1.6 b | ||
Debt to Equity Ratio | 0 x | 0 x |
| USD | FY, 2013 | FY, 2014 | FY, 2015 | FY, 2016 |
|---|---|---|---|---|
Net Income | 155.8 m | 200.4 m | 242 m | 260.7 m |
Depreciation and Amortization | 31.5 m | 35.6 m | 42.4 m | 51.5 m |
Accounts Receivable | (10 m) | (49 m) | (19 m) | (11.4 m) |
Inventories | (50 m) | (42 m) | (71 m) | (53.6 m) |
Accounts Payable | 974 k | 3.3 m | 9.8 m | (407 k) |
Cash From Operating Activities | 119.4 m | 180.1 m | 256.6 m | 292.3 m |
Purchases of PP&E | (70.9 m) | (88.6 m) | (70.1 m) | (127 m) |
Cash From Investing Activities | (75.9 m) | (90.1 m) | (181.6 m) | (274.4 m) |
Cash From Financing Activities | 14.1 m | 11.5 m | 5.4 m | 32.9 m |
Interest Paid | 208 k | 253 k | 873 k | 942 k |
Income Taxes Paid | 89.6 m | 73.5 m | 91.3 m | 127 m |
| USD | Y, 2016 |
|---|---|
EV/EBIT | 20.7 x |
EV/CFO | 25.8 x |
Revenue/Employee | 269 k |
IPG Photonics Operating Metrics
IPG Photonics's Backlog was reported to be $413.9 m in FY, 2016, which is a 6% decrease from the previous period. IPG Photonics's Patent Applications was reported to be 380 in FY, 2016, which is a 19% increase from the previous period
